Government will over the next three years attempt to reduce the public sector wage bill by R160 billion, Finance Minister Tito Mboweni said on Wednesday.
Smokers and drinkers will from Wednesday have to dig deeper into their pockets for cigarettes and alcohol.
It is of utmost importance to have a financial sector that serves all South Africans, says Finance Minister Nhlanhla Nene.
Finance Minister is expected to clarify all aspects of financing free higher education during the Budget Speech next week.
Newly appointed Finance Minister Malusi Gigaba has radical economic transformation at the top of his agenda.
Finance Minister Pravin Gordhan says the South African tax system has to be redistributive if the country is to usher in radical socio-economic transformation.
Comments attributed to African National Congress (ANC) Youth League Secretary-General Njabulo Nzuza against Deputy President Cyril Ramaphosa are unfortunate and without substance, says the Presidency.
Finance Minister Pravin Gordhan will next month during the Medium Term Budget Policy Statement (MTBPS) announce how National Treasury will fund the university fees shortfall.